Little Lotus Lands a British Heavyweight for CEO

In its quest to gain a loftier status among the sporty, well-to-do set, Lotus Cars spent the year poaching talent from other British automakers. China’s Geely, which holds a majority stake in the automaker, is expected to loosen the purse strings in pursuit of new models and a greater premium market share, but the human side of the operation needs to be in place before that occurs.

While former Bentley and Aston Martin execs have already hopped on board, the automaker now has a former top Jaguar Land Rover official in the big office, ready to put plans into action. He’s also no stranger to SUVs — a segment Lotus wants a piece of.

Read more
Ex-Ford CEO Fields Tried to Oust Top Executive Before Being Fired, Report Claims

There’s been no shortage of hot takes on former Ford CEO Mark Fields’ sudden departure from the big office in Dearborn, but a new report sheds light on the drama occurring at the Blue Oval shortly before Fields “elected to retire.”

Before his replacement by Jim Hackett, Fields reportedly attempted to fire Joe Hinrichs, Ford’s president of the Americas, as a way of relieving growing scrutiny on his own performance. It didn’t go they way he had planned.

Read more
  • Jkross22 When I think about products that I buy that are of the highest quality or are of great value, I have no idea if they are made as a whole or in parts by unionized employees. As a customer, that's really all I care about. When I think about services I receive from unionized and non-unionized employees, it varies from C- to F levels of service. Will unionizing make the cars better or worse?
  • Namesakeone I think it's the age old conundrum: Every company (or industry) wants every other one to pay its workers well; well-paid workers make great customers. But nobody wants to pay their own workers well; that would eat into profits. So instead of what Henry Ford (the first) did over a century ago, we will have a lot of companies copying Nike in the 1980s: third-world employees (with a few highly-paid celebrity athlete endorsers) selling overpriced products to upper-middle-class Americans (with a few urban street youths willing to literally kill for that product), until there are no more upper-middle-class Americans left.
  • ToolGuy I was challenged by Tim's incisive opinion, but thankfully Jeff's multiple vanilla truisms have set me straight. Or something. 😉
  • ChristianWimmer The body kit modifications ruined it for me.
  • ToolGuy "I have my stance -- I won't prejudice the commentariat by sharing it."• Like Tim, I have my opinion and it is perfect and above reproach (as long as I keep it to myself). I would hate to share it with the world and risk having someone critique it. LOL.